The Reserve Bank of India has carved out more flexibility to defend the rupee, as rising geopolitical tensions and a spike in energy prices pushed the currency to a record low on Wednesday.
The rupee fell 0.7% for the steepest intraday decline in at least a month to 92.08 per dollar, while India's 10-year bond yields rose 5 basis points to 6.72%.| News ...
RBI fines BDCC Bank ₹2 lakh for violating loan disbursal norms, highlighting compliance issues over several years.
The Indian rupee fell to its all-time low on Wednesday, as mounting concerns of a prolonged conflict along a major ...
The facility for exchange of the Rs 2000 banknotes is available at the 19 issue offices of the RBI since May 19, 2023.
RBI Governor Sanjay Malhotra stated that India's economy is healthy and robust, with broad-based growth and increased ...
It was a moment of pride and celebration for Rohit Singhal, a resident of Lucknow and a manager at the Reserve Bank of India ...
Dhuleti, Dol Jatra, and Yaosang 2nd Day, as per the RBI holiday list. Check the complete list of affected cities and banking services availability.
The biggest trigger for the rupee’s fall has been the surge in crude oil prices. Brent crude climbed above $82 per barrel after jumping 12% in just two days.
The Indian rupee crashed to its lowest level on record as the ongoing war in the Middle East sent shockwaves in Asia and ...
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Bank holiday today, 4 March: Are banks closed today for Holi? Check full list of cities as per RBI
Bank holiday today, 4 March: There is a bank holiday on Holi, 4 March, across many regions. This is because these cities will celebrate Holi today. Here is the full list of cities where there is a ...
(March 4): India’s rupee fell to a record low, while stocks and bonds declined amid concerns that rising crude prices — driven by the escalating conflict in the Middle East — fanned worries over ...
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